International Monetary Fund
Lesotho: Reserve Tranche Position
from January 01, 1988 to December 31, 1988

In exchange for the reserve asset portion of its quota payment, an IMF member acquires a liquid claim on the IMF much like a demand deposit in a commercial bank. This claim is called the member's Reserve Tranche Position, and it is equal to the member's quota minus the IMF's holdings of the member's currency (excluding currency holdings that stem from the member's own use of credit). The reserve tranche position is part of the member country's external reserves.


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(in SDRs)
Date SDR Amount
 December 31, 1988         1,293,754
 November 30, 1988         1,287,028
 October 31, 1988         1,283,666
 September 30, 1988         1,281,984
 August 31, 1988         1,281,984
 July 31, 1988         1,281,984
 June 30, 1988         1,278,622
 May 31, 1988         1,278,622
 April 30, 1988         1,278,622
 March 31, 1988         1,278,622
 February 29, 1988         1,278,622
 January 31, 1988         1,272,884

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Lesotho: Financial Position in the Fund